For United Technologies, a merger with the defense giant will replenish revenue it’s losing in a breakup and mark the capston... moreFor United Technologies, a merger with the defense giant will replenish revenue it’s losing in a breakup and mark the capstone of a dramatic makeover.

The move pairs Raytheon, a massive defense manufacturer known for the Patriot missile defense system, with United's Collins A... moreThe move pairs Raytheon, a massive defense manufacturer known for the Patriot missile defense system, with United's Collins Aerospace and Pratt & Whitney, some of the biggest names involved in aerospace engineering. It will give Raytheon a foothold in bot...

The Pentagon is weighing legislation that would give contracting officers the power to demand back-up data on spare parts cos... moreThe Pentagon is weighing legislation that would give contracting officers the power to demand back-up data on spare parts costs after its inspector general said TransDigm Group Inc. could be paid about 9,400% in excess profit for a half-inch metal pin.

Of Lockheed Martin’s $51 billion in sales last year, nearly 70 percent, or $35.2 billion, came from sales to the U.S. governm... moreOf Lockheed Martin’s $51 billion in sales last year, nearly 70 percent, or $35.2 billion, came from sales to the U.S. government. It’s a colossal figure, hard to comprehend. So think of it this way: Lockheed’s government sales are nearly what the Trump ad...

At BIW the Local S6 mantra is “We can build ANYTHING!” In order to make this conversion happen the workers at BIW need commun... moreAt BIW the Local S6 mantra is “We can build ANYTHING!” In order to make this conversion happen the workers at BIW need community support. Studies show that we would get many more jobs building commuter rail systems or wind turbines.

The U.S. Army on Tuesday instructed Oshkosh Corp. to resume work on a multi-billion dollar contract it awarded the company in... moreThe U.S. Army on Tuesday instructed Oshkosh Corp. to resume work on a multi-billion dollar contract it awarded the company in August, after Lockheed Martin’s challenge was dismissed — though a new protest lingers.

The legislation would encourage the defense secretary make sure contracting officials use the the standard of lowest price wh... moreThe legislation would encourage the defense secretary make sure contracting officials use the the standard of lowest price when choosing winning bids only in “appropriate circumstances” — potentially giving officials wide latitude to bypass a less expensi...

It's an open secret that the Pentagon has routinely been using the war budget -- known in Washingtonese as the Overseas Conti... moreIt's an open secret that the Pentagon has routinely been using the war budget -- known in Washingtonese as the Overseas Contingency Operations (OCO) account -- as a slush fund to pay for items that don't fit within the caps on its base budget that are cur...

The US is exceptional ... when it comes to war profiteering.
Ever since the Supreme Court said that defense contractors can b... moreThe US is exceptional ... when it comes to war profiteering.
Ever since the Supreme Court said that defense contractors can buy off politicians left and right, business has been booming for the defense industry.